Cisco Systems Has Lowered Its Stake in Vmware (VMW) as Market Valuation Declined; Enbridge Energy Partners LP (EEP) Position Upped by Finepoint Capital Lp

April 19, 2018 - By Darrin Black

VMware, Inc. (NYSE:VMW) Logo

Cisco Systems Inc decreased its stake in Vmware Inc. (VMW) by 28.23% based on its latest 2017Q4 regulatory filing with the SEC. Cisco Systems Inc sold 995,000 shares as the company’s stock declined 3.38% with the market. The institutional investor held 2.53 million shares of the technology company at the end of 2017Q4, valued at $317.06 million, down from 3.53 million at the end of the previous reported quarter. Cisco Systems Inc who had been investing in Vmware Inc. for a number of months, seems to be less bullish one the $55.74 billion market cap company. The stock increased 4.29% or $5.66 during the last trading session, reaching $137.54. About 4.23M shares traded or 30.61% up from the average. VMware, Inc. (NYSE:VMW) has risen 34.24% since April 19, 2017 and is uptrending. It has outperformed by 22.69% the S&P500.

Finepoint Capital Lp increased its stake in Enbridge Energy Partners Lp (EEP) by 112.91% based on its latest 2017Q4 regulatory filing with the SEC. Finepoint Capital Lp bought 2.25 million shares as the company’s stock declined 32.30% with the market. The institutional investor held 4.25M shares of the energy company at the end of 2017Q4, valued at $58.64 million, up from 1.99M at the end of the previous reported quarter. Finepoint Capital Lp who had been investing in Enbridge Energy Partners Lp for a number of months, seems to be bullish on the $4.51 billion market cap company. The stock decreased 0.47% or $0.05 during the last trading session, reaching $10.63. About 1.11M shares traded. Enbridge Energy Partners, L.P. (NYSE:EEP) has declined 48.17% since April 19, 2017 and is downtrending. It has underperformed by 59.72% the S&P500.

Among 19 analysts covering Enbridge Energy Partners (NYSE:EEP), 6 have Buy rating, 2 Sell and 11 Hold. Therefore 32% are positive. Enbridge Energy Partners had 52 analyst reports since July 21, 2015 according to SRatingsIntel. On Monday, September 19 the stock rating was upgraded by Goldman Sachs to “Neutral”. The company was downgraded on Wednesday, July 20 by Goldman Sachs. Credit Suisse downgraded Enbridge Energy Partners, L.P. (NYSE:EEP) rating on Thursday, March 17. Credit Suisse has “Neutral” rating and $23 target. Mizuho maintained Enbridge Energy Partners, L.P. (NYSE:EEP) on Friday, March 16 with “Hold” rating. The firm has “Sector Perform” rating by RBC Capital Markets given on Tuesday, February 21. The company was initiated on Friday, September 9 by FBR Capital. The firm earned “Overweight” rating on Wednesday, September 7 by Piper Jaffray. On Friday, March 24 the stock rating was initiated by Morgan Stanley with “Overweight”. On Monday, December 21 the stock rating was upgraded by Credit Suisse to “Outperform”. The rating was downgraded by Credit Suisse to “Neutral” on Tuesday, November 3.

Investors sentiment decreased to 0.72 in 2017 Q4. Its down 0.10, from 0.82 in 2017Q3. It turned negative, as 30 investors sold EEP shares while 71 reduced holdings. 26 funds opened positions while 47 raised stakes. 137.83 million shares or 0.71% more from 136.85 million shares in 2017Q3 were reported. Highstreet Asset holds 523 shares or 0% of its portfolio. Credit Suisse Ag has invested 0% in Enbridge Energy Partners, L.P. (NYSE:EEP). Natl Registered Advisor owns 11,925 shares. Morgan Stanley reported 2.44 million shares or 0.01% of all its holdings. Fcm Invs Tx owns 1,000 shares or 0.02% of their US portfolio. The Oklahoma-based Advsr Ok has invested 0.01% in Enbridge Energy Partners, L.P. (NYSE:EEP). Sandy Spring Bank holds 3,643 shares. 10,983 were accumulated by Maple Capital Management. Bessemer Grp invested in 0% or 10,350 shares. Creative Planning holds 1.42M shares. The California-based Lpl Lc has invested 0% in Enbridge Energy Partners, L.P. (NYSE:EEP). 1.46 million were reported by Eagle Glob Limited Liability Corp. Us Bank De has 35,369 shares for 0% of their portfolio. Wells Fargo & Commerce Mn invested in 0% or 189,796 shares. Arrow Advisors Limited Liability has invested 0.18% in Enbridge Energy Partners, L.P. (NYSE:EEP).

Among 48 analysts covering VMware Inc (NYSE:VMW), 20 have Buy rating, 1 Sell and 27 Hold. Therefore 42% are positive. VMware Inc had 175 analyst reports since July 22, 2015 according to SRatingsIntel. Hilliard Lyons downgraded the stock to “Neutral” rating in Friday, March 2 report. The rating was maintained by Cowen & Co with “Buy” on Monday, February 5. The stock of VMware, Inc. (NYSE:VMW) earned “Hold” rating by BMO Capital Markets on Tuesday, September 1. The firm has “Hold” rating given on Monday, August 14 by BMO Capital Markets. Mizuho maintained VMware, Inc. (NYSE:VMW) rating on Wednesday, October 21. Mizuho has “Neutral” rating and $60 target. Robert W. Baird maintained the stock with “Buy” rating in Thursday, August 31 report. The stock has “Buy” rating by Zacks on Tuesday, September 22. BMO Capital Markets upgraded the shares of VMW in report on Friday, December 1 to “Outperform” rating. The firm has “Buy” rating by Suntrust Robinson given on Tuesday, August 30. The rating was maintained by Drexel Hamilton on Monday, August 14 with “Buy”.

Investors sentiment decreased to 0.87 in Q4 2017. Its down 0.35, from 1.22 in 2017Q3. It is negative, as 41 investors sold VMW shares while 158 reduced holdings. 67 funds opened positions while 106 raised stakes. 88.47 million shares or 0.79% more from 87.77 million shares in 2017Q3 were reported. Bankshares Of Hawaii, Hawaii-based fund reported 1,610 shares. Raymond James Associates stated it has 0.03% in VMware, Inc. (NYSE:VMW). Suffolk Mngmt Ltd Liability reported 0.78% stake. Atlantic Tru Gp Limited Com holds 0% of its portfolio in VMware, Inc. (NYSE:VMW) for 1,063 shares. Georgia-based Voya Investment Management Ltd Com has invested 0.86% in VMware, Inc. (NYSE:VMW). Comerica Secs has invested 0.09% in VMware, Inc. (NYSE:VMW). Barclays Public Ltd accumulated 27,256 shares or 0% of the stock. The Illinois-based Northern Trust has invested 0.02% in VMware, Inc. (NYSE:VMW). Bluefin Trading Limited Liability Company stated it has 0.08% of its portfolio in VMware, Inc. (NYSE:VMW). Caprock Gp owns 2,851 shares or 0.07% of their US portfolio. Parametric Portfolio Associates Ltd Company reported 0.01% stake. Royal Bancorporation Of Canada reported 263,998 shares. Sawgrass Asset Ltd Liability has invested 1.1% of its portfolio in VMware, Inc. (NYSE:VMW). Ls Investment Advisors Limited Company accumulated 1,486 shares or 0.01% of the stock. First Mercantile Co reported 0.16% in VMware, Inc. (NYSE:VMW).

Since December 8, 2017, it had 0 insider purchases, and 4 selling transactions for $4.77 million activity. POONEN SANJAY sold $1.30 million worth of stock or 10,000 shares. Carli Maurizio sold $335,220 worth of stock.

Enbridge Energy Partners, L.P. (NYSE:EEP) Institutional Positions Chart

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